An action plan for reparative justice and system changerevolutionaryreparations.org

The policy

The Financial Transaction Tax

A small tax on every trade in the financial markets. It pays for repair. Over time, it takes power from the rich.

The tax targets capitalism systemically through the global financial sector, the most important, strategic site of battle for a systematic approach to reparations as it contains the true value of enslavement and colonialism and targets the power brokers of capitalism and its global governance.

The FTT is tax on global financial market trades for reparative justice and system change as it increases over time to ultimately dismantle capitalism.

Queen Elizabeth II looks at stacks of gold bars in a Bank of England vault
Elizabeth II Inspects gold held at the Bank of England, across rooms the size 3 tennis courts
Laura Facey’s sculpture: a long wooden boat packed with small carved human figures
Jamaican Artist Laura Facey’s 'Their Spirits Gone Before Them’ All wealth under capitalism is stained with the blood of enslavement and colonialism
Start readingPart 1 · Why this tax is different →

In this guide

  1. Why this tax is differentIt is not a reform. It goes after the people who control finance, and the wealth they took through slavery and empire.3 min read
  2. Finance and empireThe financial markets grew up to pay for empires. Today they hold the value of what was stolen.3 min read
  3. How the tax worksA small tax on every trade, built on taxes that already exist. Here is how it works, and where the idea comes from.4 min read
  4. The four marketsCurrencies, bonds, shares and raw materials. Every day, huge sums change hands in these four markets.2 min read
  5. Making it lawThe systems to collect the tax are already in place. The richest countries must pass the law, after a global campaign.1 min read
  6. Who is who in financeCentral banks, banks, funds and auditors. Open each one to see what it does, and how it holds power.16 min read